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energ transition

Gujarat Working on EV Policy, Expects 1 Lakh EVs by 2022

The Gujarat government plans to come out with a policy soon announcing huge incentives for using EVs and aims to have 1 lakh EVs on road by 2022. Powered by the Centre’s cue, Gujarat is expected to charge up its clean-energy push. The state government plans to come out with a policy soon announcing huge […]

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Cost of Renewables in China to Match Coal Power by 2026: Report

According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […]

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UKCI to Invest £14 mn on 250 MW Wind Projects in South Africa

UKCI has announced an approximate £14 million agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South Africa. The UK Climate Investments (UKCI) has announced an approximate £14 million (R253 million) agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South […]

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Odisha Moves Towards Pre-Paid Electricity With new Smart Meters

Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering The state government of Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering, Energy Minister D S Mishra has said. The consumers will get […]

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India Will Need $ 500-700 bn in Renewable Investments by 2030

India will require USD 500-700 billion in renewable energy and supporting grid investments by 2030, in order to meet its renewable energy targets. A new analysis has revealed that India will require USD 500 – 700 billion in renewable energy and supporting grid investments over the coming decade in order to meet its renewable energy […]

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Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter

Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […]

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UK Government Doubles Funding for on Street EV Charging Points

The UK government is doublings its GBP 2.5 million funding for the installation of over 1,000 new electric vehicle (EV) chargepoints. Owning and charging an electric vehicle (EV) is set to become more convenient than ever in the United Kingdom thanks to an additional GBP 2.5 million for funding the installation of over 1,000 new […]

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Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm

Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […]

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